Form 4: Chemours Co Executive Calderon Gerardo Reports Stock Transaction
SEC Form 4 Filing
Calderon Gerardo, a Chemours Co executive, reported a transaction involving the withholding of shares to cover tax obligations on vesting restricted stock units and dividend equivalent units.
Summary
- On March 1, 2025, Calderon Gerardo, President of Advanced Performance Materials at Chemours Co, had 1,311 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $14.95 per share.
- Following the transaction, Calderon Gerardo beneficially owns 21,743.283 shares, including directly owned shares, restricted stock units, and dividend equivalent units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the stock transaction (share withholding for tax obligations). |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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